EIH Associated Hotels · tone and specificity signals across the available quarters.
Language signals
Delays do have impact on higher costs depending on what the reasons are, but there's a second impact which is more significant: your ability to go to market gets delayed and therefore your ability to earn revenue and drive profitability gets delayed.
We had last year impact of 110 crores on a contract, if you don't consider that on a year-over-year trend our PAT continues to grow year-over-year.
We will continue to drive rate. And I wouldn't come to any conclusion based on what you see in Q3.
On a like-to-like basis, the growth in Q3 was 14%.
We are exploring a second opportunity in a luxury residence where we already have hotels.